“We focus on the fundamental investor objectives of growing assets, managing risks, generating income and providing liquidity,” Shundrawn Thomas, head of Northern Trust’s Funds and Managed Accounts Group, said in a press release.

TILT tries to reflect the performance of the Morningstar U.S. Market Factor Tilt Index, which provides enhanced exposure to U.S. equities by tilting the portfolio toward long-term growth potential of small-cap and value stocks. By delving deeper than other market indices, the Morningstar Index seeks to capture more of the size premium while still avoiding the very bottom of the market that may have illiquidity issues.

GUNR provides exposure to the rising demand for natural resources and tracks global companies in the energy, metals and agriculture sectors, while maintaining a core exposure to the timberlands and water resources sectors.